ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

BUSINESS PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is an example of a monthly, recurring expense?
A
Signage
B
Lease down payment
C
Utilities
D
Furniture
Explanation: 

Detailed explanation-1: -Other examples where recurring billing is often used include electric bills, phone bills, and Internet services.

Detailed explanation-2: -Examples of recurring expenses A few examples may include: Rent. Software subscriptions. Salary payments.

Detailed explanation-3: -A recurring expense is any cost your business incurs weekly, monthly, or annually. Although the individual amounts of these business expenses may be small, they can add up fast. And as your business grows, so does the number and amount of recurring costs it needs to cover.

Detailed explanation-4: -Recurring expenses or repeating costs are those expenses that are brought about as a component of ordinary, daily practice, and continuous business tasks.

There is 1 question to complete.